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The ownership of academic patents and their impact: Evidence from five European countries

Author

Listed:
  • Francesco Lissoni

    (GREThA - Groupe de Recherche en Economie Théorique et Appliquée - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique)

  • F. Montobbio

Abstract

The paper compares the value and impact of academic patents in five European countries with different institutional frameworks: Denmark, France, Italy, the Netherlands, and Sweden. An academic patent is defined as such when at least one university professor appears among its inventors, irrespective of ownership. Most academic patents are assigned to business companies, followed by universities, public research organizations, and individual inventors. The distribution of ownership across these categories (i) differ greatly across country, due to a combination of legal norms on ip and institutional features of the university system; (ii) and it is associated with the value of patents, as measured by forward citations. Company-owned academic patents tend to be as cited as non-academic ones, while university-owned tend to be less cited. Academic patents in the Netherlands are more cited than non-academic ones, irrespective of their ownership, while university-owned patents get fewer citations in both Denmark and Italy. We propose an explanation of these results based on the different autonomy enjoyed by universities in the countries considered. We also find that company-owned academic patents in Sweden get many fewer citations than non-academic. Individually-owned academic patents are more cited than non-academic patents similarly owned by their inventors.

Suggested Citation

  • Francesco Lissoni & F. Montobbio, 2015. "The ownership of academic patents and their impact: Evidence from five European countries," Post-Print hal-02482640, HAL.
    • Handle: RePEc:hal:journl:hal-02482640
    DOI: 10.3917/reco.661.0143
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    9. Rossi, Federica & Fassio,Claudio & Geuna, Aldo, 2014. "The Role of Institutional Characteristics in Knowledge Transfer: A Comparative Analysis of Two Italian Universities," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201425, University of Turin.
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    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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